Luxury Real Estate Blog and News

Hong Kong property tycoon Lee Shau-kee officially passes baton to sons

May 30, 2019 - Hong Kong
Lee Shau Kee, the city’s second-richest man, announced his plans to step down as chairman of Henderson Land Development Co. Tuesday.

McDonald's Puts Kowloon Shop on the Market for HK$1 billion

May 28, 2019 - Tsim Sha Tsui
The US fast food giant McDonald’s is seeking to sell a prime street level shop in Hong Kong worth HK$1 billion (US$127.4 million)

Insane China-Inspired Long Island Compound Lists for $7.9 million

May 27, 2019 - Bridgehampton
A Hamptons home with lots of China-inspired features is returning to market for $7.9 million—less than a third of the $28 million it briefly sought six years ago.

The 'House Inside a Rock' by Amey Kandalgaonkar

May 23, 2019 - Saudi Arabia
Shanghai-based architect Amey Kandalgaonkar has designed and 3D rendered a House Inside a Rock by combining minimalistic concrete slabs with the organic geometries of natural rock.

Now the 990 Fifth Avenue Triplex Wants $52 Million

May 21, 2019 - Manhattan
A penthouse apartment at a 1920s-era Fifth Avenue cooperative designed by Rosario Candela is coming on the market for $52 million.

Zhuhai is new property investment hotspot for Hong Kong investors

May 20, 2019 - Zhuhai
Hongkongers splashed out 10 billion yuan (US$1.48 billion) last year on homes in the bay area, by one estimate, 10 per cent more than a year earlier.

Tiny town in Sicily is selling homes for less than $2

May 09, 2019 - Sicily
Mussomeli in southern Sicily has put 100 empty properties up for sale online for €1, with another 400 expected to follow.

Kai Tak’s third-largest oceanfront plot sells for a district record HK$12.6 billion

May 09, 2019 - Kowloon Bay
A consortium of six developers agreed to pay a record HK$12.6 billion for the third-largest plot of residential land on the former Kai Tak airport’s runway

A big drop for high-priced homes

May 08, 2019 - United States
The average sale price for luxury homes nationwide fell 1.6% to $1.55 million in the first quarter of 2019, according to Redfin, the first quarterly decline in three years.

Sandbanks is the most expensive seaside town in Britain

May 07, 2019 - Poole
Sandbanks, the Dorset destination known for its waterfront mansions and views over Poole harbour, has topped a new list of Britain’s most expensive seaside towns.